Today’s issue of WorkCompRecap features several acquisition announcements coming from Acrisure, starting with its acquisition of national Managing General Agency (MGA) Appalachian Underwriters, and U.S. Administrator Claims, a Third-Party Administrator (TPA), in addition to affiliated entities.
Acrisure noted that it expects the acquisition of Appalachian to help expand its tech platform as it integrates data and systems with its AI strategy. Of particular interest was Appalachian’s deep and broad dataset including claims information as a tool to further model, underwrite and package Acrisure’s risk premium for distribution across multiple markets.
The deal to acquire Appalachian also follows Acrisure’s recent acquisition of the MGA and TPA operations of SUNZ Insurance, which included TPA Next Level Administrators; Watchpoint, a special investigation unit; Ascential Care partners, nurse case management and UR; Avalon claims subrogation; and Accelevant Premium Audit.